As the U.K. government announces a £55 billion ($65.5 billion) program of tax hikes and spending cuts, the country faces its sharpest fall in living standards since records began.
Schlagwort-Archiv: CNBC
Brits face sharpest fall in living standards on record as government tightens its belt
As the U.K. government announces a £55 billion ($65.5 billion) program of tax hikes and spending cuts, the country faces its sharpest fall in living standards since records began.
Crypto startup Ripple is seeking a license in Ireland to drive EU expansion
Most of Ripple’s business is now driven outside of the U.S. despite its large presence in the country, General Counsel Stuart Alderoty told CNBC.
‚We’re going to dream a little less‘: Sequoia’s Doug Leone on fallout from FTX’s collapse
Billionaire venture capitalist Doug Leone said there wasn’t much his firm Sequoia Capital could do to predict the solvency crisis at FTX.
Gap beats on third-quarter revenue, but tempers expectations for holiday season
Gap on Thursday beat Wall Street’s quarterly revenue expectations, but gave a cautious outlook for the holiday season.
Retirement savers seek safe havens within their 401(k) plans. They may regret it later
Workers who traded 401(k) holdings in October pulled money from stocks and moved to fixed income. That may feel good now, but likely means less money later.
Stocks making the biggest moves premarket: Macy’s, BJ’s Wholesale, Kohl’s and others
These are the stocks posting the largest moves before the bell.
Stocks making the biggest moves after hours: Cisco, Bath & Body Works, Nvidia and more
These are the stocks posting the largest moves in post-market trading.
Stocks making the biggest moves midday: Target, Carnival, Advance Auto Parts, Lowe’s and more
These are the stocks posting the largest moves in midday trading Thursday.
Fed’s Daly sees rates rising at least another percentage point as ‚pausing is off the table‘
Daly told CNBC that her most recent estimate puts the benchmark overnight lending rate around 5%.